1.
The unhappy theory of business ethics is this: you have a fiduciary responsibility to maximize profit. Period. To do anything other than that is to cheat your investors. And in a competitive world, you don't have much wiggle room here.
Seth Godin
2.
That faith which is required of us is then perfect when it produces in us a fiduciary assent to whatever the Gospel has revealed.
William Wake
3.
When I run a business, and I run a business, if I don't take advantage of the five deductions that are available to me, even if you think those deductions are unfair, then I've violated my fiduciary duty.
Rudy Giuliani
4.
And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.
James Chanos
5.
What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.
Ludwig von Mises